Some theorists have speculated that the Money Pit on Oak Island might hold treasures once associated with St. Andrew’s Cathedral in Scotland. St. Andrew’s, a grand structure and a center of Catholic worship, was targeted during the Scottish Reformation in 1559–1560. Protestant reformers, intent on eradicating symbols of the Catholic Church, sacked the cathedral, destroying relics, artifacts, and records.
It is believed that prior to or during this period of upheaval, valuable ecclesiastical items—such as gold, silver, gems, and ceremonial plates—may have been removed for safekeeping. However, the ultimate fate of these treasures remains a mystery.
Theorists have suggested that this hoard of valuables could have been transported across the Atlantic and buried on Oak Island, Nova Scotia. While such a journey would have been an extraordinary feat in the 16th century, it is not entirely beyond the realm of possibility. Europe’s maritime powers, including Scotland, were expanding their influence and establishing footholds in the New World. Nova Scotia, whose name translates to "New Scotland," would later see settlers of Scottish origin, but the idea of a treasure being hidden there so early in history is speculative.
Adding to the mystery is the lack of documentation or concrete evidence to directly link the events at St. Andrew’s Cathedral to Oak Island. While many believe the island’s Money Pit was created to safeguard something of immense value, no discoveries to date have confirmed this theory.
